Civic Intelligence

Aset Foundation

990EZ • Fiscal year 2021 • EIN 77-0644963

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 18, 2022

Organization ProfileWWW.ASETFOUNDATION.ORG
312 SW Greenwich Drive Suite 669Lees Summit, MO 64082

(816) 945-9226

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.05x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

85th percentile

47%

Higher net margin than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

54th percentile

8.4%

Faster asset growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

83rd percentile

87%

Faster revenue growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$183,863

Up $14,201 (+8.4%) from 2020

Net Assets

Up

$181,852

Up $17,979 (+11%) from 2020

Liabilities

Down

$2,011

Down $3,778 (-65%) from 2020

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin85th percentile

Revenue

Up

$38,360

Up $17,890 (+87%) from 2020

Expenses

Down

$20,381

Down $2,666 (-12%) from 2020

Net Income

Up

$17,979

Up $20,556 (+798%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2012: $127,652Liabilities 2012: $2822012Assets 2013: $132,370Liabilities 2013: $622013Assets 2014: $126,933Liabilities 2014: $2812014Assets 2015: $132,539Liabilities 2015: $521Net Assets 2015: $132,0182015Assets 2016: $136,313Liabilities 2016: $87Net Assets 2016: $136,2262016Assets 2017: $145,644Liabilities 2017: $2Net Assets 2017: $145,6422017Assets 2018: $157,872Liabilities 2018: $2Net Assets 2018: $157,8702018Assets 2019: $167,604Liabilities 2019: $1,154Net Assets 2019: $166,4502019Assets 2020: $169,662Liabilities 2020: $5,789Net Assets 2020: $163,8732020Assets 2021: $183,863Liabilities 2021: $2,011Net Assets 2021: $181,8522021Assets 2022: $187,458Liabilities 2022: $1,860Net Assets 2022: $185,5982022Assets 2023: $195,431Liabilities 2023: $0Net Assets 2023: $195,4312023Assets 2024: $191,796Liabilities 2024: $6,000Net Assets 2024: $185,7962024Assets 2025: $199,799Liabilities 2025: $2,212Net Assets 2025: $197,5872025

Highlighted filing

2021

Assets$183,863
Liabilities$2,011
Net Assets$181,852
Open 2021 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40K$20K$0-$20KRevenue 2012: $23,828Expenses 2012: $18,784Net Income 2012: $5,0442012Revenue 2013: $24,240Expenses 2013: $19,299Net Income 2013: $4,9412013Revenue 2014: $32,532Expenses 2014: $38,188Net Income 2014: -$5,6562014Revenue 2015: $22,474Expenses 2015: $17,276Net Income 2015: $5,1982015Revenue 2016: $18,472Expenses 2016: $14,264Net Income 2016: $4,2082016Revenue 2017: $38,831Expenses 2017: $29,415Net Income 2017: $9,4162017Revenue 2018: $26,585Expenses 2018: $14,357Net Income 2018: $12,2282018Revenue 2019: $28,262Expenses 2019: $19,682Net Income 2019: $8,5802019Revenue 2020: $20,470Expenses 2020: $23,047Net Income 2020: -$2,5772020Revenue 2021: $38,360Expenses 2021: $20,381Net Income 2021: $17,9792021Revenue 2022: $19,024Expenses 2022: $15,278Net Income 2022: $3,7462022Revenue 2023: $23,794Expenses 2023: $13,961Net Income 2023: $9,8332023Revenue 2024: $24,218Expenses 2024: $33,853Net Income 2024: -$9,6352024Revenue 2025: $27,637Expenses 2025: $15,846Net Income 2025: $11,7912025

Highlighted filing

2021

Revenue$38,360
Expenses$20,381
Net Income$17,979
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 18, 2022
Return Version
2020v4.0
Gross Receipts
$38,360
Mission and Program Overview

Mission

To advance the science and technical standards of the elecroencephalography and allied fields through grants and scholarships.

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS & EDUCATIONAL INTIATIVES$625$11,785
GRANTS--
LECTURES--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHERYL NEHAMKIN R EEGEP T CNIMChairman Of-$0--
SHARYN KATZVice Chair-$0--
MARK RYLAND AUD R EP T RNCSTSecretary/Tr-$0--
TANYA BAZEMORE R EEG T CLTMDirector-$0--
SIMON GRIFFINDirector-$0--
SUSAN BOWYERDirector-$0--
ASIM SHAHID MDDirector-$0--
JASON MAYERDirector-$0--
KEVIN HELMExecutive DiPT$0--
Filing and Contact Details

Filer

Filer Name
Aset Foundation
EIN
77-0644963
Phone
8169459226
Address
312 SW GREENWICH DRIVE SUITE 669, LEES SUMMIT, MO 64082

Signing Officer

Name
Mark Ryland Aud R Ep T Rncst
Title
Secretary/treasurer
Phone
8169459226
Signed
2022-01-18
Discuss with paid preparer
Yes

Preparer

Firm
D Bordman CPA LLC
Address
6247 BROOKSIDE BLVD STE 201, KANSAS CITY, MO 64113-1645
Preparer
Danielle Bordman CPA
Phone
8168227300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office 385 information technology 3,033 sponsorships 11,160 misc 731 total 15,309”

Form 990-ez, Part II, Line 24

“Accounts receivable 25,236 14,018 total 25,236 14,018”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 5,789 2,011”

Form 990-ez, Part III

“To advance the science and technical standards of the elecroencephalography and allied fields through grants and scholarships.”

Raw XML Appendix195 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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CompensationExplanation/CompensationExplanationGrp/PersonNm2MARK RYLAND AUD R EP T RNCST
CompensationExplanation/CompensationExplanationGrp/PersonNm3TANYA BAZEMORE R EEG T CLTM
CompensationExplanation/CompensationExplanationGrp/PersonNm4SIMON GRIFFIN
CompensationExplanation/CompensationExplanationGrp/PersonNm5SUSAN BOWYER
CompensationExplanation/CompensationExplanationGrp/PersonNm6ASIM SHAHID MD
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHERYL NEHAMKIN R EEGEP T CNIM
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TANYA BAZEMORE R EEG T CLTM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SIMON GRIFFIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SUSAN BOWYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ASIM SHAHID MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JASON MAYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8KEVIN HELM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN OF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt025236
IRS990EZ/OtherAssetsTotalDetail/EOYAmt014018
IRS990EZ/OtherExpensesTotalAmt015309
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ADVANCE THE SCIENCE AND TECHNICAL STANDARDS OF THE ELECROENCEPHALOGRAPHY AND ALLIED FIELDS THROUGH GRANTS AND SCHOLARSHIPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS & EDUCATIONAL INTIATIVES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1GRANTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2LECTURES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0625
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011785
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt01142
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt05789
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02011
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020381
IRS990EZ/TotalProgramServiceExpensesAmt011785
IRS990EZ/TotalRevenueAmt038360
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0true
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ASETFOUNDATION.ORG
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ASET FOUNDATION RETAINED A COPY OF THE IRS DETERMINATION LETTER OF ASET- THE NEURODIAGNOSTIC SOCIETY (THE 501(C)(6) SUPPORTED ORGANIZATION), AND RETAINED A COPY OF THE SUPPORT CALCULATION. THESE COPIES ARE KEPT ON FILE WITH ASET FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1FUNDS ARE PROVIDED BASED SOLELY ON APPLICATIONS AND GRANT PROPOSALS THAT FURTHER EDUCATION OF NEURODIAGNISTIC TECHNOLOGISTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2ASET -THE NEURODIAGNOSTIC SOCIETY EFFECTIVELY OPERATED AND SUPERVISED THE FOUNDATION'S ACTIVITIES BY PROVIDING MANAGEMENT TO THE FOUNDATION AND OVERSIGHT TO THE FOUNDATION BOARD.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION C, LINE 1
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0false
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt011160
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ASET-THE NEURODIAGNOSTIC SOCIETY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0ASET-THE NEURODIAGNOSTIC SOCIETY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 385 INFORMATION TECHNOLOGY 3,033 SPONSORSHIPS 11,160 MISC 731 TOTAL 15,309
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 25,236 14,018 TOTAL 25,236 14,018
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,789 2,011
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO ADVANCE THE SCIENCE AND TECHNICAL STANDARDS OF THE ELECROENCEPHALOGRAPHY AND ALLIED FIELDS THROUGH GRANTS AND SCHOLARSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK RYLAND AUD R EP T RNCST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08169459226
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASET FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ASET
ReturnHeader/Filer/EIN0770644963
ReturnHeader/Filer/PhoneNum08169459226
ReturnHeader/Filer/USAddress/AddressLine1Txt0312 SW GREENWICH DRIVE SUITE 669
ReturnHeader/Filer/USAddress/CityNm0LEES SUMMIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd064082
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813946909
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0D BORDMAN CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06247 BROOKSIDE BLVD STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0641131645
ReturnHeader/PreparerPersonGrp/PhoneNum08168227300
ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIELLE BORDMAN CPA
ReturnHeader/ReturnTs02022-01-24T18:54:44-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RYLAND
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$183,863
Liabilities
$2,011
Net assets
$181,852
Revenue
$38,360
Expenses
$20,381
Net income
$17,979
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.00$0.02$1.98$0.28$0.16$0.12
2024Detailed filing. Detailed filing data is available for this year.$1.92$0.06$1.86$0.24$0.34$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$0.24$0.14$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.87$0.02$1.86$0.19$0.15$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.84$0.02$1.82$0.38$0.20$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.70$0.06$1.64$0.20$0.23$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.68$0.01$1.66$0.28$0.20$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.27$0.14$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.39$0.29$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.18$0.14$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.01$1.32$0.22$0.17$0.05
2014Summary only. Only limited summary data is available for this year.$1.27$0.00$0.33$0.38$0.06
2013Summary only. Only limited summary data is available for this year.$1.32$0.00$0.24$0.19$0.05
2012Summary only. Only limited summary data is available for this year.$1.28$0.00$0.24$0.19$0.05